Thread (Grand Forks) Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
21
- Latest Deal Type
-
Liquidation
Thread (Grand Forks) General Information
Description
Developer of drone technology designed to improve the efficiency of core operations and asset management. The company's technology is specialized in artificial intelligence-based operations which helps realize the benefits of aerial imagery provided by multi-drone systems, enabling clients in agriculture, energy, and public safety to complete drone-based inspections and detect failures before they occur.
Contact Information
Website
www.thread.oneCorporate Office
- 4201 James Ray Drive
- Grand Forks, ND 58202
- United States
Corporate Office
- 4201 James Ray Drive
- Grand Forks, ND 58202
- United States
Thread (Grand Forks) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Bankruptcy: Liquidation | 01-Oct-2025 | Completed | Bankruptcy: Liquidation | |||
| 6. Later Stage VC (Series A) | 08-Dec-2023 | Completed | Generating Revenue | |||
| 5. Seed Round | 28-Jun-2022 | Completed | Generating Revenue | |||
| 4. Grant | 26-Oct-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 29-May-2020 | Cancelled | Generating Revenue | |||
| 2. Angel (individual) | 16-Dec-2019 | $630K | $630K | Completed | Generating Revenue | |
| 1. Grant | 23-Apr-2019 | $100K | Completed | Startup |
Thread (Grand Forks) Comparisons
Industry
Financing
Details
Thread (Grand Forks) Competitors (13)
One of Thread (Grand Forks)’s 13 competitors is Zeitview, a Venture Capital-Backed company based in San Diego, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zeitview | Venture Capital-Backed | San Diego, CA | ||||
| Optelos | Private Equity-Backed | Deer Park, TX | ||||
| HUVRdata | Private Equity-Backed | Austin, TX | ||||
| Propeller (Business/Productivity Software) | Venture Capital-Backed | Surry Hills, Australia | ||||
| SenseHawk | Formerly VC-backed | Campbell, CA |
Thread (Grand Forks) Patents
Thread (Grand Forks) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260010668-A1 | Drone operation with multiple flight simulators | Inactive | 03-Jul-2024 | ||
| WO-2024129302-A1 | Asset management using drone-captured images | Inactive | 15-Dec-2022 | ||
| US-20240202901-A1 | Image processing of drone-captured image for asset management | Inactive | 15-Dec-2022 | ||
| US-12346092-B2 | Management platform for autonomous drone operations | Active | 09-Aug-2021 | ||
| US-20230052343-A1 | Management platform for autonomous drone operations | Active | 09-Aug-2021 | G06Q10/20 |
Thread (Grand Forks) Signals
Thread (Grand Forks) FAQs
-
When was Thread (Grand Forks) founded?
Thread (Grand Forks) was founded in 2018.
-
Where is Thread (Grand Forks) headquartered?
Thread (Grand Forks) is headquartered in Grand Forks, ND.
-
What is the size of Thread (Grand Forks)?
Thread (Grand Forks) has 21 total employees.
-
What industry is Thread (Grand Forks) in?
Thread (Grand Forks)’s primary industry is Business/Productivity Software.
-
Is Thread (Grand Forks) a private or public company?
Thread (Grand Forks) is a Private company.
-
What is Thread (Grand Forks)’s current revenue?
The current revenue for Thread (Grand Forks) is .
-
How much funding has Thread (Grand Forks) raised over time?
Thread (Grand Forks) has raised $25.3M.
-
Who are Thread (Grand Forks)’s competitors?
Zeitview, Optelos, HUVRdata, Propeller (Business/Productivity Software), and SenseHawk are some of the 13 competitors of Thread (Grand Forks).
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process